Industry News
Rigzone.com: Latest News Headlines |
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UK to Invest Over $19B in 3.2 GW Suffolk Nuclear Plant |
Chancellor Reeves announced GBP 14.2 billion for Britain's first state-funded nuclear power station in nearly four decades, the 3.2-GW Sizewell C in Suffolk. |
Egypt to Buy LNG from Aramco, Trafigura, Shell |
Egypt agreed to buy LNG from Aramco, Trafigura, Vitol and others, putting the country on course to be a long-term importer as local production slows. |
ADNOC Is Evaluating Possibility of Buying Some BP Assets |
ADNOC is most interested in BP's LNG and gas fields, rather than taking over the entire company, according to people with knowledge of the matter. |
Anaergia Tapped to Build Biogas Plant in South Korea |
The facility is designed to process approximately 54,000 tons of organic waste annually. |
ScottishPower Shows Charging Windfarm Service Vessels Offshore Is Feasible |
Two studies commissioned by Iberdrola's ScottishPower say that offshore charging for battery-powered crew transfer and service operation vessels is on the horizon for future wind farms. |
Oil Surges as USA Orders Partial Evacuation of Iraqi Embassy |
Oil surged as the U.S. government ordered a partial evacuation of its embassy in Iraq amid rising security risks. |
Flex LNG Completes Refinancing for Flex Courageous |
'We now turn our attention to the planned refinancings of Flex Resolute and Flex Constellation'. |
Record US Gulf Oil Output to Soften 2026 Production Decline |
Producers in the body of water - which Trump renamed the Gulf of America - will bring on 300,000 barrels of new daily output this year and a further 250,000 barrels in 2026 due to projects many years in the making, according to WoodMac. |
GAIL Completes First LNG Discharge at Dabhol |
GAIL completed the first berthing and discharge operation at the Dabhol LNG terminal. |
Duke Energy Plans to Build 1.4 GW Gas Power Plant in South Carolina |
It hopes to start construction 2027 and put the facility into operation by 2031. |
ASEAN Could Unlock 25 GW of RE via Singapore Interconnections: Rystad |
Southeast Asia could unlock up to 25 GW of renewable energy generation and over $40 billion of investment in hydropower, solar and offshore wind if all proposed interconnections with Singapore are realized. |
OMV to Explore Geothermal Potential in Styria |
The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026. |
ADNOC Gas Awards $5B Contracts for RGD Project |
ADNOC Gas approved phase one of the Rich Gas Development project in the UAE and awarded $5 billion worth of contracts. |
EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia |
The EU proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against Ukraine. |
Indian State Oil Refiners Plan Tanker Order for Domestic Use |
India's state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry. |
Oil Edges Lower as Traders Await Result of USA-China Trade Talks |
Oil edged lower as the market awaits the outcome of a second day of trade talks between the U.S. and China. |
NJ Wind Project That Trump Dubbed a Disaster Is Canceled |
The developer of a New Jersey offshore wind farm designed to power more than 700,000 homes has pulled the plug on the project. |
XCF Global Completes SAF Merger |
XCF Global Capital and Focus Impact BH3 Acquisition completed their combination, creating the first publicly traded pure-play SAF producer in the U.S. |
DOE Announces New Supercomputer Powered by Dell, NVIDIA |
The U.S. Department of Energy announced a new supercomputer powered by Dell and NVIDIA 'to speed scientific discovery'. |
Germany's SEFE Strikes 10-Year Deal for Gas From Azerbaijan |
Germany's state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan's Socar. |
NYT > Business > Energy & Environment |
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Climate Change Could Complicate Anti-Submarine Warfare |
Sound is the primary means of tracking subs in vast ocean expanses, and research shows that it’s behaving differently as the seas warm. |
World Bank Ends Its Ban on Funding Nuclear Power Projects |
The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S. competitiveness on next-generation reactors. |
Why Rooftop Solar Could Crash Under the Republican Tax-Cut Bill |
Federal tax breaks have fueled a boom. The House bill would end that immediately. |
As Energy Costs Surge, Eastern Governors Blame a Grid Manager |
Anger at PJM, which manages the electrical grid in all or parts of 13 states and the District of Columbia, has been boiling over in some state capitals. |
BlackRock Is Accused of a Plot Against Coal. The Firm Says That’s ‘Absurd.’ |
An unusual lawsuit in Texas claims investment firms illegally conspired to fight climate change. On Monday, a judge heard arguments to dismiss the case. |
Ocean Temperatures Are Increasing Around the World. See Where. |
Sea surface temperatures in 2024 broke records and about a quarter of the world’s oceans are experiencing temperatures that qualify as a marine heat wave. |
Trump Approves Expansion of Scandal-Hit Coal Mine |
Environmental groups had opposed expanding a Montana mine previously caught up in allegations of cocaine trafficking and the faked kidnapping of an executive. |
There’s an Effective Way to Deter Rhino Poachers, a New Study Finds |
Poaching rates dropped by more than half in African reserves where veterinarians removed the animals’ horns, which are in high demand in some parts of Asia. |
It’s Not Just Poor Rains Causing Drought. The Atmosphere Is ‘Thirstier.’ |
Higher temperatures caused by climate change are driving complex processes that make droughts bigger and more severe, new research shows. |
Electricity Prices Are Surging. The G.O.P. Megabill Could Push Them Higher. |
The combination of a data center boom, rising gas exports and cuts to clean energy tax breaks could spike American energy bills, analysts say. |
The White House Gutted Science Funding. Now It Wants to ‘Correct’ Research. |
Thousands of scientists, academics, physicians and researchers have responded to the administration’s executive order about “restoring a gold standard for science.” |
Michael Boren Built an Airstrip on Protected Land. Now He Might Lead the Forest Service. |
Michael Boren, nominated by President Trump, is accused of threatening trail workers with a helicopter, building an airstrip without a permit and putting a cabin on federal property. |
Which Cooking Oil Is Best for the Planet? |
When it comes to climate and the environment, some oils are a cut above. Here’s what to know. |
A Court Debates Whether a Climate Lawsuit Threatens National Security |
The judge asked lawyers how a suit by Charleston, S.C., claiming oil companies misled people about climate risks, might be affected by a Trump executive order blasting cases like these. |
Energy Dept. Cancels $3.7 Billion for New Technologies to Lower Emissions |
The 24 awards would have gone to a range of companies trying in novel ways to reduce the pollution that is heating the planet. |
U.S. Oil Companies Are ‘Battening Down the Hatches’ |
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand. |
Williams to Revive Plans for N.Y. Natural Gas Pipelines |
An energy company plans to revive pipelines that were blocked on environmental grounds, as President Trump pushes states on fossil fuel projects. |
Will Charleston’s Climate Lawsuit Survive the Week? |
The city is suing oil companies over global warming. Trump says lawsuits like these threaten national security. The judge wants to hear what both sides think. |
German Court Dismisses Climate Lawsuit Against RWE |
The judges ruled that German civil law could be used to hold companies accountable for the worldwide effects of their emissions. |
Trump’s Tariffs and Tax Bill May Derail U.S. Battery Industry |
Domestic factories that make batteries to store power to meet America’s rising energy demand depend on Chinese components and federal subsidies. |